Economics as a Universal Science
The rage among academic elites and multiculturalists is the insistence that one cannot apply Western economic analysis to different cultures. However, Ludwig von Mises insisted that economics is a universal science.
The rage among academic elites and multiculturalists is the insistence that one cannot apply Western economic analysis to different cultures. However, Ludwig von Mises insisted that economics is a universal science.
For most Americans, the debate is about what size the welfare state should be. But why is there a welfare state at all?
Politicians, bolstered by economic quackery such as modern monetary theory, believe they face no fiscal constraints as they impose their visions upon us. But costs are real things and economic, reality sooner or later sets in.
Even though people are leaving California and New York in droves due in large part to their ruinous taxes, the state authorities are tracking these emigrants down and demanding they continue to pay state taxes. Right out of Orwell.
For most Americans, the debate is about what size the welfare state should be. But why is there a welfare state at all?
Government officials like to claim they are doing something about reducing poverty. The trouble is, of course, that what they are doing makes things worse. Here on Income Tax Day, we recommend that next time, they should do nothing.
A strategy for liberty must be both optimistic and realistic. Murray Rothbard understood that important point and laid out strategies and their moral justification.
As progressives attempt to redefine racism to fit modern political fantasies, we need to look at historical examples of ethnic discrimination to better understand our current situation.
Robert Kagan of the Brookings Institute clearly does not like anyone to challenge his pro-war beliefs. In his view, any opposition to the all-powerful American state is opposition to everything good and true.
Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.